Tag Archives: dis

Verizon, Disney Bury The Hatchet Over ESPN, Skinny TV Bundle

Verizon Communication s ( VZ ) and Walt Disney ’s ( DIS ) ESPN are friends again after resolving their legal dispute over the sports network’s availability on a slimmed-down programming package. Terms of the settlement were not disclosed. Disney reports earnings Tuesday after the market close. Shares in Verizon were up a fraction, above 51, on the stock market today . Disney’s stock was up 1.1%, near 106.50, in afternoon trading. Verizon launched “Custom TV” in April 2015. The less-expensive programming package, with fewer channels, was designed to attract new customers for its FiOS TV service. Verizon’s base package excluded Disney’s ESPN, which garners the highest fees among cable networks. Disney sued Verizon claiming it doesn’t have rights to exclude its sports channel from TV bundles under programming deals. Verizon in February revamped its “Custom TV” package by offering two standard bundles — one with sports channels ESPN, Fox Sports and NBC Sports and one without them. Both companies on Tuesday issued statements. “We have a long-standing relationship with Verizon,” said Sean Breen, ESPN’s senior vice president, affiliate sales.  “We look forward to working with them to provide great content to consumers for years to come.” Terry Denson, Verizon VP, content strategy and acquisition, said: “ESPN is an important partner of ours. We look forward to further collaborating with them to deliver customers content across all of our platforms.”

Google Report For ‘Unplugged’ YouTube Service Follows Hulu Splash

YouTube, the video website of Alphabet ( GOOGL )-Google, aims to roll out a new paid subscription service called “Unplugged” that would offer customers a bundle of cable TV channels streamed over the Internet, says a report. The Bloomberg report comes after Hulu on Monday disclosed plans to stream live content from two of its parents, 21 st Century Fox ( FOXA ) and Walt Disney ( DIS ). Comcast ( CMCSA ), the third co-owner of Hulu and owner of NBC Universal, was not included in the initial plans.  CBS ( CBS ) has its own stand-alone Web service to consumers. The Bloomberg “Unplugged” report notes that Google’s YouTube has not secured programming rights for the online video service. Speculation over YouTube “Unplugged” also comes amid a firefight over federal regulators’ proposal to open up the pay TV set-top box market to more competition. Comcast, AT&T ( T ) and others object to the Federal Communications Commission’s set-top box proposal . They’ve charged that it might favor Google. The FCC says that only pay TV subscribers will gain access to programming, and that copyright protections will be preserved. Google, critics say, aims to swap its own advertising for the local ads sold by cable TV companies. Fox, Disney, CBS and Time Warner ( TWX ) have objected to the FCC proposal. According to the Bloomberg “Unplugged” report, YouTube has overhauled its technical architecture for the live product, slated to arrive as soon as 2017. Google last month introduced YouTube Red, which costs $10 monthly. It features movies, original content and other fare. Fox, Comcast-NBCU and CBS agreed to provide YouTube Red with content, while Disney did not. Hulu competes with  Netflix ( NFLX ) and  Amazon.com ( AMZN ) in the subscription video-on-demand sector. Dish Network ( DISH ) offers Sling TV, and has been gaining more content partners, including Fox.

Hulu Reveals Fast Subscriber Growth, Live-TV Streaming Plans

Internet TV service Hulu announced Wednesday that it will reach 12 million subscribers in the U.S. this month, up 30% from a year ago. It also confirmed media reports that it plans to offer a live-TV service in 2017 to complement its on-demand video service. Hulu CEO Mike Hopkins made the announcements at an upfront event in New York City for advertisers. Hopkins said the live-TV service will offer news, sports and entertainment from broadcast and cable TV, but it did not detail content and pricing, TechCrunch reported . “We’re going to fuse the best of linear television and on-demand in a deeply personalized experience optimized for the contemporary, always-connected television fan,” Hopkins said. Hulu’s live-TV service is targeted at cord cutters and cord nevers — those consumers who don’t subscribe to traditional pay-TV services but might be interested in a lower-cost, “skinny bundle” of TV channels. Hulu is looking to charge about $40 a month for the live TV package, the Wall Street Journal reported Sunday . It would compete with other live-TV streaming services, such as Dish Network ‘s ( DISH ) Sling TV and Sony ‘s ( SNE ) PlayStation Vue. Dish stock was down 2%, above 46, and Sony’s U.S.-listed shares were down nearly 2%, below 24, in early afternoon trading on the stock market today . Hulu is co-owned by Walt Disney ( DIS ), Comcast ’s ( CMCSA ) NBCUniversal and 21st Century Fox ( FOXA ). Disney also owns ABC, ESPN and Disney Channel; Comcast owns NBC, MSNBC, CNBC, Syfy and USA; and 21st Century Fox owns Fox, Fox News, FX and Fox’s sports channels. Hulu competes with Netflix ( NFLX ) and Amazon.com ( AMZN ) in the subscription video-on-demand sector. Like its rivals, Hulu has been increasing its original programming, most recently with shows such as “11.22.63” and “The Path.”